The EURUSD failed to continue its bearish momentum yesterday and hit 1.3060 earlier today. The bias is neutral in nearest term probably with a little bullish bias testing 1.3100/35 area. Key support is seen around 1.3000 – 1.2950 which need to be clearly broken to the downside to continue the bearish scenario.

The EURUSD failed to continue its bearish momentum yesterday and hit 1.3060 earlier today. The bias is neutral in nearest term probably with a little bullish bias testing 1.3100/35 area. Key support is seen around 1.3000 – 1.2950 which need to be clearly broken to the downside to continue the bearish scenario.